Research

At B. Riley, our research process is an interactive one where we perform extensive due diligence on companies until the analyst develops the knowledge base and understanding of the company and the industry to make a recommendation. Our analysts continuously monitor industry developments and communicate with the management, competitors, suppliers and customers of the companies we follow, regularly communicating our findings through Research Updates and daily Morning Notes.

While we do not necessarily publish research on all of the companies we review, the knowledge base and understanding of many of our monitored companies parallels that of our covered companies. We actively cover over 100 companies and monitor an additional 100. Our analysts cover small to mid-cap companies that are under-followed or misunderstood by Wall Street. We believe that the pricing of small cap equities is frequently inefficient, and therefore provides the greatest potential rewards to diligent security analysis.

This Week's Research

  • 07/22/14 Desk Report B. Riley & Co. Industry Update - Recreational Marine (BC, HZO, MBUU, MPX, WMAR)
  • 07/22/14 Desk Report CSGP ($143.12, Buy; $227.00 PT): Q2 ’14 Earnings Preview; Comfortable With Our (Slightly) Above Consensus Estimates; Expect FY ’14 Guidance to…
  • 07/22/14 Update TXN ($49.17, Buy; $56.00 PT) Beats With Ample Margin Expansion Runway; Buy For Upside To $56.0 PT
  • 07/22/14 Update TYPE ($28.36, Buy; $39.25 PT) Q2 ’14 Earnings Preview; Reiterate Buy Rating and $39.25 Price Target
  • 07/22/14 Morning Note B. Riley & Co. Morning Notes: EGHT, IMAX, SIX, TXN, TYPE; Footwear (DECK, FINL, SHOO, SKX)
  • 07/22/14 Update SIX ($39.31, Buy; $50.00 PT) Reports Downside Q2 Results on Attendance; Expect Better H2
  • 07/22/14 Update Industry Update - Footwear: Earnings Previews on DECK, SHOO and SKX
  • 07/21/14 Update EGHT ($7.37, Neutral; $8.00 PT) Earnings Preview: EGHT is Enough; Maintain Neutral as Investors Continue to Digest Comp Multiple & Earnings Contractions
  • 07/21/14 Update DLB ($43.29, Neutral; $41.00 PT) Q3 Earnings Preview; Upside Bias on Solid Licensing Segment Industry Trends; Focus Remains on New Opportunities to…
  • 07/21/14 Update LGF ($32.06, Buy; $40.00 PT): Don’t Sweat the Shoulder Periods; Boosting PT to $40 on Attractive Environment for Content Owners with Proven Monetization…
  • 07/21/14 Initiation of Coverage SGGH ($9.35, Buy; $16.00 PT): A “Signature” Moment; Initiating Coverage with Buy and $16.00 PT
  • 07/21/14 Update ANGI ($10.19, Buy; $25.00 PT): Preview: Expect Results/Guidance in line with Consensus; Operational Metrics and Tech Changes in Focus
  • 07/21/14 Update P ($26.32, Buy; $38.00 PT): Preview: Expect Slight Beat, In Line 3Q Guidance and Increase in Full Year Guidance; GM Facing Tough Comps
  • 07/21/14 Morning Note B. Riley & Co. Morning Notes: AMZN, ANGI, BCOV, DLB, LGF, P, PII, SGGH, TYL; Focus List Update (BC, CALD, CNVR, DECK, EMKR, GME, ISIL, JAKK, KTOS,…
  • 07/21/14 Update PII ($132.80, Buy; $155.00 PT): Earnings Preview: Q2 Results Likely Overshadowed by Speculation Over MY15 Introductions at Annual Dealer Meeting;…
  • 07/21/14 Update AMZN ($358.66, Buy; $425.00 PT) Well-Positioned For 2Q Upside
  • 07/21/14 Update BCOV ($9.44, Buy; $15.00 PT): Earnings Preview: Expect a Beat and Raise
  • 07/21/14 Update Industry Update - Semi+Semi Cap Week #2 Preview: TXN, BRCM, LLTC, ISIL, ISSI, KLAC, MXIM, SLAB
  • 07/21/14 Desk Report B. Riley & Co. July Focus List (updated): BC, CALD, CNVR, DECK, EMKR, GME, ISIL, JAKK, KTOS, PRMW, TIBX, TIVO
  • 07/21/14 Update TYL ($86.56, Neutral; $88.00 PT): Q2 ’14 Earnings Preview; Maintain Neutral Rating and $88.00 Price Target
  • 07/18/14 Update B. Riley & Co. Industry Update - Household/Personal Care: Weekly Highlights (AVP, COTY, EL, JAKK, MAT, NTRI, PG, PRGO, RDEN, WDFC)
  • 07/18/14 Update B. Riley & Co. July Focus List (updated): BC, CALD, CNVR, DECK, EMKR, GME, JAKK, KTOS, PRMW, SLAB, TIVO
  • 07/18/14 Update BC ($40.30, Buy; $52.00 PT): Upgrading to Buy as BC Waives Bye to Bowling; Inflecting Growth Profile Aided by New Product Cycle Likely to Drive Multiple…
  • 07/18/14 Morning Note B. Riley & Co. Morning Notes: BC, CACH, GOOGL, MAT, NTCT, SIX, SWKS, UTEK
  • 07/18/14 Update GOOGL ($573.73, Buy; $641.00 PT): International Accelerates and Search Grows; Increasing Estimates
  • 07/18/14 Update SWKS ($50.00, Buy; $65.00 PT): Earnings Surge Is Just Beginning; Buy For Upside To $65.0 Price Target
  • 07/18/14 Update NTCT ($43.20, Buy; $54.00 PT): Reports Q1 ’15 Results Above Expectations; Maintains FY ’15 Guidance; Reiterate Buy Rating and $54.00 Price Target
  • 07/18/14 Update UTEK ($23.33, Neutral; $25.00 PT): Estimates Fall On 2Q14 And 3Q14 Miss But LSA Orders Come Back
  • 07/18/14 Update MAT ($36.46, Neutral; $35.00 PT): Further Reducing Estimates and Price Target from $39 to $35
  • 07/18/14 Update CACH ($1.33, Buy; $3.70 PT): Expect Q2 roughly in line; recent stock price decline seems incongruent with our checks, which suggest a sequentially…
  • 07/17/14 Update SIX ($40.14, Buy; $50.00 PT): Q2 Earnings Preview; Favorable Comparisons Should Drive Strong Traffic Growth; Expect Results In Line With or Better…
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: CNQR
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: EOPN
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: CRM
  • 07/17/14 Update EBAY ($50.70, Buy; $64.00 PT) 2Q Meets Expectations Despite Headwinds, FY14 On Track
  • 07/17/14 Update ASML ($88.39, Neutral; $84.00 PT) Mix And EUV Headwinds Conspire To Pressure 2H14's Sales
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: NOW
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: WDAY
  • 07/17/14 Update Industry Update - Exhibitor Group Week 1 Earnings Previews
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: TIBX
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: QLIK
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: MSFT
  • 07/17/14 Morning Note B. Riley & Co. Morning Notes: ASML, EBAY, GOOGL, SNDK; Media (AMC, CKEC, CNK, IMAX, MCS, NCMI, RLD, RGC), Software Coverage Discontinuations
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: JIVE
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: DATA
  • 07/17/14 Update SNDK ($97.25, Buy; $124.00 PT) Near-Term Storm Is Passing; Add On Weakness For Upside To $124.0
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: ORCL
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: DWCH
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: ULTI
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: MSTR
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: SAP
  • 07/17/14 Update GOOGL ($590.57, Buy; $641.00 PT) Earnings Preview: Expect Slight Upside due to International
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: MANH
  • 07/17/14 Update B. Riley & Co. Discontinuing Coverage: PTC
  • 07/16/14 Morning Note B. Riley & Co. Morning Notes: CTG, INTC, TIVO, TREC, YHOO; Consumer Products (AVP, CL, CLX, COTY, EL, IPAR, JAKK, KMB, MAT, NWL, NTRI, PRGO, PBH,…
  • 07/16/14 Update Industry Update - Consumer Products Calendar 2Q14 Earnings Preview: Our Top-Pick Trades Heading Into the Quarter
  • 07/16/14 Update INTC ($33.00, Buy; $40.00 PT) Upgrade Back To "Buy" As 2H Confidence Rises; PT From $33.50 To $40.0
  • 07/16/14 Update CTG ($15.01, Buy; $16.25 PT) Announces Preliminary Q2 ’14 Results and Reduces FY ’14 Guidance; Lowering Estimates and Price Target; Reiterate…
  • 07/16/14 Update YHOO ($35.61, Buy; $42.00 PT) Surprise Miss as Display Falters; Negative EV Supports Our Rating; Decreasing Estimates and PT Declines from $46.00…
  • 07/15/14 Initiation of Coverage TREC ($11.65, Buy; $17.00 PT): Compelling Chemical Business With Upside From Upcoming Capacity Expansion; Hidden Value of Mining Business To Be Unlocked